Kudos raises $10.2m to boost AI-powered smart wallet services
Kudos, a Los Angeles, a provider of an AI-powered smart wallet service, has secured $10.2 million in Series A funding. According to Silicon Valley...
Canopius to offer auto coverage in US Virgin Islands
Canopius Group, a global specialty reinsurer, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, will offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands in agreement with Samsung Fire and Marine Insurance (SFMI).
N26 fined €9.2m by BaFin for late money laundering reports
BaFin has recently imposed a €9.2 million fine on German FinTech firm N26 due to anti-money laundering failures.
Swiss Re and Benekiva team up for digital claims management
Swiss Re Reinsurance and Des Moines-based InsurTech Benekiva, have formed a strategic partnership to develop an end-to-end digital claims management solution.
ZTLment eyes European payments transformation with €2.4m pre-seed
ZTLment is making waves in the financial technology sector with its pioneering approach to compliant wallet infrastructure.
On-premise Vs. cloud-based – the battle in wealth management
As more companies shift towards the cloud, data-driven wealth management platform WealthArc has compared cloud-based and on-premise wealth management solutions to see which comes out on top.
Zūm Rails launches AI-powered Banking as a Service project led by Miro Pavletic
Zūm Rails has announced the launch of a large-scale Banking as a Service (BaaS) project, aiming to expand its platform with bank-like services for enterprise clients.
Standard Chartered teams up with Tazapay for cross border e-commerce
Standard Chartered has partnered with global payments platform Tazapay to deliver “seamless payments” for cross border e-commerce.
Safeguarding financial integrity through advanced AML compliance strategies
In today's financial landscape, AML transaction monitoring is key for protecting the integrity of financial institutions and the global financial system. This continuous surveillance of...
Revolutionising bill payments in Europe: The rise of Request-to-Pay services
Tietoevry head of business development, banking Sami Uski has outlined his vision for the future of bill payments in Europe. According to him, Request-to-Pay (RTP) services, triggered by bill payments, are all set to unfold their potential across the continent.